The global long duration energy storage market size was estimated at USD 964.8 million in 2025 and is projected to reach USD 2,719.9 million by 2033, growing at a CAGR of 13.9% from 2026 to 2033. Long-duration energy storage (LDES), typically defined as systems capable of storing electricity for more than eight hours, is emerging as a critical enabler of reliable, low-carbon power systems.